Pepkor Holdings 1H Working Revenue, Income Rose on Natural Development


By Kyle Morris

Pepkor Holdings Ltd., managed by Steinhoff Worldwide Holdings NV, mentioned Friday that income and working revenue rose within the first half of fiscal 2022 on natural progress.

The South African retail group mentioned for the six months ended March 31, working revenue was 5.68 billion rand ($361.6 million) in contrast with ZAR4.77 billion a yr earlier.

Income was ZAR42.01 billion in contrast with ZAR40.67 billion the prior yr.

The working atmosphere stays difficult amid inflation and supply-chain disruption, it mentioned.

A stronger efficiency is anticipated throughout the second half of the yr because of a decrease base within the comparable interval.

Write to Kyle Morris at kyle.morris@dowjones.com

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